Authorities in East Asia Pacific (EAP) jurisdictions have adopted a battery of fiscal, monetary, and financial measures aimed at mitigating the unprecedented impacts of the Coronavirus disease 2019 (COVID-19)...
The impact of the pandemic is expected to lead to the first increase in global extreme poverty since 1998, effectively wiping out the progress made since 2017. Despite myriad challenges, there are encouraging...
Many emerging markets and developing economies (EMDEs) face challenges in developing a vibrant domestic bond market. Only a few have developed such markets to a level of full maturity as Malaysia has...
The Thailand Economic Monitor consists of two parts. Part 1 reviews recent economic developments, examines the country's macroeconomic outlook, and analyzes the impact of key policy changes. Part 2 focuses...
This report is intended to support digital financial services (DFS) policymakers in emerging markets and developing economies (EMDEs) and regulators endeavors, by providing a structured approach for the...
The fifth edition of the Development Digest begins with an article on why it’s important to look beyond averages when it comes to the country’s development, followed by a look at the region’s success in...
To move funds internationally, banks rely on correspondent banking relationships (CBRs), roughly defined as the provision of banking services by one bank (the correspondent) to another bank (the respondent)...
The purpose of this Public Expenditure Review (PER) is to take stock of Peru's public expenditure since the last PER and identify the main challenges. The key underlying questions addressed are: (i) How...
The purpose of this Public Expenditure Review (PER) is to take stock of Peru's public expenditure since the last PER and identify the main challenges. The key underlying questions addressed are: (i) How...
Decentralization in Peru is an ongoing process that is in its infancy and faces key challenges. This study aims to take stock of the process and identify these challenges. The main goal of the report is...